NAMLC Executive Secretary highlights progress in implementing combatting money laundering and terrorism financing strategy – The Peninsula

NAMLC Executive Secretary highlights progress in implementing combatting money laundering and terrorism financing strategy – The Peninsula

Doha: Executive Secretary of the National Anti-Money Laundering and Terrorism Financing Committee (NAMLC) Essa Al Hardan revealed that there has been progress in implementing the national strategy to combat money laundering and terrorism financing, which extends between 2020-2025.

On the sidelines of the workshop organised by the NAMLC and US Department of Justice under the title “Combating the illicit use of emerging virtual asset technology,” which was attended by Ambassador of the United States of America to the State H E Timmy Davis and HE Head of Qatar Financial Information Unit (QFIU) Ahmad bin Eid Al Thani, Al Hardan told Qatar News Agency (QNA) that the NAMLC is continuing to implement the national strategy approved by HE Prime Minister.

Al Hardan pointed out the unlimited support provided by Governor of Qatar Central Bank H E Sheikh Bandar bin Mohammed bin Saoud Al Thani to work on spreading awareness, training, and qualifying Qatari cadres in the field of combating money laundering and terrorism financing, as NAMLC is an emanated committee from Qatar Central Bank. He added that NAMLC works on setting legislations and laws that limit the crimes in the field of money laundering and terrorism financing, in addition to implementing the strategy